Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Trading Down 3.2% – Time to Sell?

Themes Generative Artificial Intelligence ETF (NASDAQ:WISE)’s stock price dropped 3.2% during mid-day trading on Friday . The company traded as low as $37.58 and last traded at $37.66. Approximately 2,563 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 7,818 shares. The stock had previously closed at $38.89.

Themes Generative Artificial Intelligence ETF Stock Performance

The company has a 50 day moving average of $40.55 and a 200 day moving average of $41.38. The stock has a market capitalization of $36.15 million, a price-to-earnings ratio of 36.64 and a beta of 1.62.

Themes Generative Artificial Intelligence ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 19th. Stockholders of record on Thursday, December 18th were given a $1.6067 dividend. The ex-dividend date was Thursday, December 18th.

Institutional Trading of Themes Generative Artificial Intelligence ETF

Several large investors have recently bought and sold shares of WISE. Traub Capital Management LLC acquired a new stake in Themes Generative Artificial Intelligence ETF in the 2nd quarter valued at about $36,000. ORG Partners LLC boosted its holdings in shares of Themes Generative Artificial Intelligence ETF by 56.1% during the 3rd quarter. ORG Partners LLC now owns 3,200 shares of the company’s stock worth $140,000 after purchasing an additional 1,150 shares during the last quarter. J. Safra Sarasin Holding AG purchased a new stake in shares of Themes Generative Artificial Intelligence ETF in the fourth quarter valued at approximately $203,000. Private Advisor Group LLC increased its holdings in shares of Themes Generative Artificial Intelligence ETF by 10.9% in the third quarter. Private Advisor Group LLC now owns 8,130 shares of the company’s stock valued at $356,000 after purchasing an additional 800 shares during the last quarter. Finally, JT Stratford LLC acquired a new stake in shares of Themes Generative Artificial Intelligence ETF in the third quarter valued at approximately $395,000.

Themes Generative Artificial Intelligence ETF Company Profile

The Themes Generative Artificial Intelligence ETF (WISE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks to track a concentrated index of stocks from developed markets that derive their revenues from artificial intelligence related industries. Stocks are weighted based on their relevance to the investment theme WISE was launched on Dec 8, 2023 and is issued by Themes.